PPP Loan Forgiveness
The SBA Paycheck Protection Program (PPP) ended on May 31, 2021. Click HERE to apply for PPP forgiveness if you have received a loan during the COVID-19 crisis.
Small Business Recovery Grant Program
The New York State COVID-19 Pandemic Small Business Recovery Grant Program was created to provide flexible grant assistance to currently viable small businesses, micro-businesses, and for-profit independent arts and cultural organizations in the State of New York that have experienced economic hardship due to the COVID-19 pandemic. Click HERE for applications.
Restaurant Resiliency Program
This $25 million grant program provides funding to restaurants that choose to provide meals and food to people within distressed or under-represented communities. Grant funds will allow restaurants to cover the costs of food, preparation, and delivery of meals to vulnerable populations. Click HERE to get more information about the program.
Restaurant Return-to-work Tax Credit
The $35 million Restaurant Return-to-Work Tax Credit Program incentivizes COVID-impacted restaurants to bring restaurant staff back to work and increase hiring at NYS restaurants. Qualifying businesses are eligible for a tax credit of $5,000 per new worker hired, up to $50,000 per business. Click HERE for more information.
New York City Musical and Theatrical Production Tax Credit
The $100 million New York City Musical and Theatrical Production Tax Credit is a two year program, designed to jump start the entertainment industry and support tourism activity in New York City. The Program encourages Musical and Theatrical productions to begin performances sooner, coming back stronger. The Program will offset some of the costs associated with putting on production as New York’s economy recovers from the Covid-19 pandemic. Click HERE for more information.
New York Forward Loan Fund
New York Forward Loan Fund (NYFLF) is a new economic recovery loan program aimed at supporting New York State small businesses, nonprofits and small landlords as they reopen after the COVID-19 outbreak and NYS on PAUSE. NYFLF targets the state’s small businesses with 50 or fewer full-time equivalent (FTE) employees (90% of all businesses), nonprofits, and small residential landlords that have seen a loss of rental income. Click HERE for more information.
Emergency Rental Assistance Program
The New York State Emergency Rental Assistance Program (ERAP) will provide significant economic relief to help low and moderate-income households at risk of experiencing homelessness or housing instability by providing rental arrears, temporary rental assistance, and utility arrears assistance. Click HERE for more information.